Foreign Withholding and Form W-8BEN

This webinar will discuss the required preparation of Form W-8BEN by certain non-resident alien individuals and entities receiving U.S. source income and the withholding required under Chapter 3 and Chapter 4 of the Internal Revenue Code relating to that U.S. source income.

In this course you will learn:

To identify and categorize U.S. source income
To identify non-resident alien payee individuals and entities
To identify the applicable Chapter 3 withholding rates
To identify when Chapter 4 withholding applies
To identifying the withholding agent and withholding agent responsibilities
What are tax treaty benefits in the Chapter 3 withholding context and how to claim them
What constitutes a properly completed Form W-8 – including review of W-8BEN and W-8BEN-E Forms
What required withholding forms to be completed and filed with the IRS and payee

This course qualifies for 2 IRS CE Credits.